4616 Choate WayPittsburghPA15224
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Pittsburgh at 4616 Choate Way, Pittsburgh, PA, 15224 earns $521/mo cash flow from $1,603/mo rent with a $808/mo payment. Total monthly income totals $1,603/mo, and annual cash flow totals $6,256/yr on $54,698 capital. ROI tracks 31.35% on current figures, and rental yield reads 11.66% at a $165,000 purchase. Equity gained on principal adds $1,065/yr, and 5% annual appreciation supports $45,586 over five years. Five-year ROI reaches 164.69% and total cumulative return in cash sums $90,083. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,603/mo property income instead of your personal income.
Single Family
Built in 1900
740.52 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15224, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,156 (100%) |
| Owner Occupied HU | 1,940 (31.5%) |
| Renter Occupied HU | 3,508 (57.0%) |
| Vacant Housing Units | 708 (11.5%) |
| Median Home Value | $307,487 |
| Average Home Value | $364,642 |
Housing Distribution
Address Breakdown
Residential
5,639
Single Family
4,316
Multi-Family
1,323
Businesses
515
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Listed by: Sarah Madia • RE/MAX SELECT REALTY
Mls Name: WPMLS
Mls ID: #1736135